HIGH-IMPACT DEVELOPMENT OPPORTUNITY – 2-LOT ASSEMBLY Seize the potential of this prime development site, designated University Village Mid-Rise Residential Comprehensive Development Zone (CD14). Whether you envision a vibrant townhome community or a modern mid-rise apartment complex, this property is a blank canvas ready for your vision. With over $60K invested in project readiness—including demolition, an appraisal, geotechnical studies, a Phase 1 environmental assessment, survey, and conceptual drawings—much of the groundwork is complete, allowing you to focus on execution. Located within walking distance to downtown’s shops and cafés, the Cowichan Community Centre, sports complex, pool, and theatre, this site offers a rare blend of convenience, lifestyle, and future growth potential. The most recent land appraisal exceeded $1.5M, reinforcing its exceptional investment value. Full development package available with signed CA.
LOT 1, BLOCK 6, SECTION 18, RANGE 7, QUAMICHAN DISTRICT, PLAN 1427 PID: 007-471-670
LOT 2, BLOCK 6, SECTION 18, RANGE 7, QUAMICHAN DISTRICT, PLAN 1427 PID: 002-063-034
Zoning:
CD-14
Occupancy:
Vacant
Lot Site Features:
Central Location, Cleared, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Level, Recreation Nearby, Shopping Nearby, Sidewalk, Square Lot
Data was last updated April 4, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$4,500,000
Min list price:
$68,000
Max list price:
$9,475,000
Avg days on market:
116
Min days on market:
1
Max days on market:
610
These statistics are generated based on the current listing's property type
and located in
Du East Duncan. Average values are
derived using median calculations.